Supply and Demand

There is a shortage of college basketball and football tickets for some games, and a surplus occurs for other games. Why do shortages and surpluses exist for different games?

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Shortage and surplus exists because of supply and demand interaction. Shortage occurs when the demand exceeds the supply while surplus occurs when the ...

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The solution goes into a great amount of detail regarding the question being asked. Step by step explanation is provided for each part of the question which makes it very easy to follow along for anyone with just a basic understanding of the concepts. Overall, an excellent response to the question being asked.